An Approximation of Logarithmic Functions In the Regression Setting -- An application to the Inter-generational mobility study-厦门大学经济学院统计学与数据科学系

An Approximation of Logarithmic Functions In the Regression Setting -- An application to the Inter-generational mobility study

主讲人: Tao Chen
主讲人简介:

Assistant Professor of Economics, University of Waterloo 

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简介:
The abstract is: We consider a method of moments approach for dealing with censoring at zero for data expressed in levels when researchers would like to take logarithms. A Box–Cox transformation is employed. We explore this approach in the context of linear regression where both dependent and independent variables are censored. We contrast this method to two others, (1) dropping records of data containing censored values and (2) assuming normality for censored observations and the residuals in the model. Across the methods considered, where researchers are interested primarily in the slope parameter, estimation bias is consistently reduced using the method of moments approach.
时间:2014-11-25(星期二)16:30-18:00
地点:N303 经济楼/Economics Building
主办单位:WISE-SOE
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类型:系列讲座
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